Agenda item

Proposed Write-Off of Irrecoverable Debts

Minutes:

The Cabinet Member with the Efficiency and Resources Portfolio introduced the report of the Managing Director (previously circulated) requesting that consideration be given to the write-off of sundry debtor invoices with individual values greater than £500 that are considered to be irrecoverable.

 

The submitted report stated that approval was being sought for the write-off of 23 individual sundry debts totalling £33,078.32, being less than 0.1 per cent of the debt collectable, in which it had become apparent that no further practicable or economic steps could be taken to recover the sums due.

 

RESOLVED - That Sundry Debtor invoices over £500 in value amounting to £33,087.32 for 2017/18 be written-off, subject to further action if and when contacts are made.

 

REASONS – (a)  It is considered all practical steps have been made to recover the debts.

 

(b)  To enable the Council’s accounts to be maintained in accordance with the Financial Procedure Rules.

 

Supporting documents: